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Litecoin Outperforms BTC and ETH by Nearly 30% in One-year Timeframe

Published 01/24/2023, 07:00 PM
Updated 01/24/2023, 07:15 PM
© Reuters Litecoin Outperforms BTC and ETH by Nearly 30% in One-year Timeframe

© Reuters Litecoin Outperforms BTC and ETH by Nearly 30% in One-year Timeframe

  • Messari.io data shows that LTC outshined BTC and ETH in one-year timeframes.
  • BTC’s and ETH’s ROI against the USD were negative at 33.55% and 29.27%.
  • Litecoin outperformed DeFi tokens with a landslide margin of 79% growth from 2022.

According to data from Messari.io, a leading market tracking platform, the Litecoin token LTC outperformed most popular cryptos such as Bitcoin (BTC) and Ethereum (ETH) over the past three months and one-year timeframes.

The data shows that over the last year, LTC investors have seen over 28.8% and 24.9% return on investment (ROI) more than BTC and ETH investors, respectively. From October 2022 to date, the figures were more than double the one-year value. Litecoin also outperformed DeFi tokens with a landslide margin of 79% growth from 2022.

The post Litecoin Outperforms BTC and ETH by Nearly 30% in One-year Timeframe appeared first on Coin Edition.

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